[WSBAPT] Camaplan IRA?

[John J. Sullivan]

Sarah:

Whatever the asset, it’s an IRA. So it’s nonprobate as long as the beneficiary is not the estate. 

But it’s still included in the gross estate for estate tax purposes and sourced to the state of residence. 

John Sullivan

Sent from my iPhone

> On Dec 16, 2017, at 2:36 PM, Sara M <sara.l.mcculloch at gmail.com> wrote:
> 
> Hello, 
> 
> I am assisting a client with some estate planning.  Her estate is minimal, but she has a $30,000 investment in Camaplan.  This is a Self-Directed IRA that allows you to purchase real estate via the IRA.  The plan is in Pennsylvania and the property in Philadelphia. 
> 
> https://www.camaplan.com/
> 
> I am curious if anyone knows how this would be treated at death? 
> 
> If it's called an "IRA", I assume it would be treated as a regular non-probate investment. 
> 
> 
> Sara McCulloch 
> Estate Planning, Probate, and Guardianship
> Sara McCulloch Law PLLC
> PO Box 4519  Rollingbay, WA 98061
> (206) 842-5841  desk
> (206) 428-6107  fax
> www.saramccullochlaw.com   
> sara at saramccullochlaw.com 
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